We had an excellent month for home sales here in Ocala for May. May’s 400 home sale’s is the 2nd best month this year. The real news, and this is something I don’t see in the papers or on TV, is that the number of active listings keeps going down, When I started my blog in January 2009 we had 6500 listings. Today we have 4044 listings. It is months of inventory that defines a buyers market. I definitely don’t see prices going up but I can’t imagine them going down much more either. I do think selection will become limited if the number of active listings keeps shrinking, especially when you take into account that there is very little new construction and there hasn’t been much at all since 2008.
https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg 0 0 Valerie Ostrom https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg Valerie Ostrom2011-06-17 11:03:122020-07-30 14:22:08Ocala Real Estate Report May 2011